Originally posted by floydefisher
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Dea Spanos vs. Dean Spanos
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Originally posted by floydefisher View Post
All it means is there is hope. There is no guarantee the new owners will be better than the Spanos. Just a hope they will.
Hell, they might sell to Donald Sterling of all people.
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Originally posted by wu-dai clan View PostSo apparently there ARE adequate funds available for Herb's guaranteed dollars ??
There are recent reports that those negotiations chugging are along.
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Originally posted by richpjr View Post
If the reports in her lawsuit are faintly close to being accurate, they don't have the money.Chiefs won the Superbowl with 10 Rookies....
"Locked, Cocked, and ready to Rock!" Jim Harbaugh
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Originally posted by wu-dai clan View Post"The author assumes no responsibility or liability for any errors or omissions in the content of this post. The information contained in this post is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness..."
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Originally posted by Xenos View Post
The family will probably buy the remaining shares as well."The author assumes no responsibility or liability for any errors or omissions in the content of this post. The information contained in this post is provided on an "as is" basis with no guarantees of completeness, accuracy, usefulness or timeliness..."
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Originally posted by Fouts2herbert View Post
Can’t happen, the NFL requires that the owner has a certain percentage of the liquidity otherwise people with nothing but loans could buy NFL teams…it’s a recipe for disaster especially for people like dean, he’s in way overnhis head now, this is not the same NFL his daddy bought into…
Dea Spanos Berberian, one of the four siblings who own the Chargers, filed suit Thursday to try to compel a sale.
The important part of this legal fight comes down to the right of first refusal, which the petition addresses and explains. According to agreements, if one of the four siblings wants to sell any part of their share of the team, “any of the Spanos owners … have a right to match the proposed offer.” The absolute best-case scenario for Berberian is that the court rules in her favor and forces the other siblings to sell the 36 percent stake. At that point, though, the siblings will have a legal right to match any offer and regain control of the 36 percent. Berberian would get her liquidity. The Spanoses would maintain their 96 percent stake in the Chargers by effectively buying out her 9 percent stake in the trust.
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